PropertyIndex

Mira Oasis

Completed · Q4 2017|483 villas

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Mira Oasis is a completed villas development by AL ARYAM PHASE TWO L.L.C in Reem, Al Yelayiss 1, comprising 483 registered villas. 991 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,095 per sqft. At AED 1,095 per sqft, Mira Oasis prices 6% below the Reem average of AED 1,167 per sqft on registered sales.

PIX© price · 9.0% YoY
3.05MAED
Typical
1,095AED
PSF
Gross yield
5.3%
PIX© rent ÷ PIX© price
Sale records
991
DLD · all time
Rent contracts
2,225
Ejari · all time
Mira Oasis

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
1,910 – 5,837 sqft
4833.05M1,0959.0%161K5.3%
3 Bed · Villa
1,910 – 4,561 sqft
409
4 Bed · Villa
2,298 – 5,837 sqft
74
Villa (Bedrooms Unknown)
2,845 – 3,739 sqft
Sales — Project-Wide991 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnitSizePricePSFvs Prior SaleTierType
29 Jul 20263 Bed2,1332,950,0001,383+20.1%PremiumStandard Sale
17 Jul 20263 Bed2,4202,550,0001,054+41.7%StandardStandard Sale
8 Jul 20263 Bed3,6323,425,000943+18.1%Entry LevelStandard Sale
Rentals — Project-Wide2,225 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Latest contracts
Start DateUnitSizeRent / YrRent PSFvs Prior RentTierType
17 Aug 20263 Bed2,531140,00055-15.2%Entry Levelnew
15 Aug 20263 Bed3,326178,000540.0%Premiumrenewal
10 Aug 20263 Bed2,418160,00066-3.0%Standardnew

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Reem

The closest-priced registered projects in Reem.

Common questions about Mira Oasis

Answered from Dubai Land Department registered transactions.

How much does a property in Mira Oasis cost?

Property in Mira Oasis sells at a current PIX© price of AED 1,095 per sqft, or about AED 3,051,704 for a typical unit, based on 991 sales registered with the Dubai Land Department.

Is Mira Oasis completed?

Yes. Mira Oasis is recorded as completed in the Dubai Land Department project register (completed q4 2017).

Who is the developer of Mira Oasis?

Mira Oasis is developed by AL ARYAM PHASE TWO L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Mira Oasis?

Mira Oasis yields 5.3% gross, calculated from current PIX© rent against current PIX© sale price, across 2,225 registered Ejari contracts.

How many villas are in Mira Oasis?

Mira Oasis holds 483 registered villas, per the Dubai Land Department unit register.

Have prices in Mira Oasis gone up or down?

Price per sqft has risen +9.0% over the last 12 months, to AED 1,095, across 991 registered sales.